Business

• President Trump promised on Wednesday that a large corporate tax cut and trims to individual income tax rates would help the middle class.

His plan is to cut the corporate rate to 15 percent from 35 percent, and to simplify the tax code, although he offered few details.

• A Washington think tank that has received more than $21 million from Google; its parent company’s executive chairman, Eric Schmidt; and Mr. Schmidt’s family foundation fired a scholar who had praised a large fine on the tech giant.

Noteworthy

Follow rescue volunteers in 360-degree video as residents of a Houston neighborhood were evacuated by boats on Tuesday after Tropical Storm Harvey dumped record amounts of rain this week.Published OnAug. 30, 2017CreditCreditTamir Kalifa for The New York Times. Technology by Samsung.

Many of the artists in the Truck Art Project started as street artists.CreditPanci Calvo

• In memoriam.

David Tang founded Shanghai Tang, an upscale emporium of Chinese-inspired clothing, accessories and home furnishings. A prominent writer and raconteur in Hong Kong and Britain, he was 63.

• Best of late-night TV.

Most of the comedy hosts are off this week. Our roundup will resume after Labor Day.

• Quotation of the day.

“Why would you live in a hot, humid, flat space if it was expensive?”

— Joel Kotkin, an urban theorist who has championed Houston’s laissez-faire approach to development, which he credits with creating affordable housing but may have also worsened the flooding after Hurricane Harvey.

A Mexican folk song, “La Bamba” was propelled to (renewed) fame by the 1987 film of the same name, a biopic of Ritchie Valens. Valens released what is perhaps the best-known version of the song, in 1958, before dying the next year in a plane crash at 17.

The other hit was “Macarena,” originally released by the Spanish duo Los del Río before a remix by the Bayside Boys became inescapable in 1996. Even delegates at that summer’s Democratic National Convention got into the rhythm. Sort of.